There were 206 power plant contracts announced in the Europe region in Q1 2021, marking a drop of 6% over the last four-quarter average of 219, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Europe region in Q1 2021 with 206 contracts and a 44.1% share, followed by Generation Equipment with 106 contracts and a 22.7% share and Electricity Procurement with 61 contracts and a 13.1% share during the quarter.

The proportion of contracts by category tracked by GlobalData in the quarter was as follows:

  1. Project Implementation: 194 contracts and a 94.2% share
  2. Consulting & Similar Services: nine contracts and a 4.4% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 1% share
  4. Power Purchase Agreement: one contract and a 0.5% share.

Solar is top technology for Europe power plant contracts in Q1 2021

Looking at power plant contracts by the type of technology in the Europe region, solar accounted for 158 contracts with a 76.7% share, followed by wind with 42 contracts and a 20.4% share and nuclear with three contracts and a 1.5% share.

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Europe power plant contracts in Q1 2021: Top issuers by capacity

The top issuers of power plant contracts for the quarter in terms of power capacity involved in Europe were:

  1. Ministere de l’Environnement, de l’Energie et de la Mer (France): 971.58MW from 84 contracts
  2. Gestore dei Servizi Energetici – GSE (Italy): 306.57MW from 15 contracts
  3. Gresham House and PPC Renewables (Greece): 200MW capacity from one contract.

Europe power plant contracts in Q1 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Europe were:

  1. China Energy Engineering (China) and Guangdong Electric Power Design Institute (China): 1,320MW from one contract
  2. Anesco (United Kingdom): 230MW from two contracts
  3. Metka EGN (United Kingdom): 228MW capacity from two contracts.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.